ITAN vs. DHLX
ITAN (Sparkline Intangible Value ETF) and DHLX (Diamond Hill Large Cap Concentrated ETF) are both Large Cap Value Equities funds. ITAN is actively managed, while DHLX is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. ITAN charges 0.50%/yr vs 0.55%/yr for DHLX.
Performance
ITAN vs. DHLX - Performance Comparison
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Returns By Period
In the year-to-date period, ITAN achieves a 15.45% return, which is significantly higher than DHLX's -0.78% return.
ITAN
- 1D
- 0.73%
- 1M
- 7.06%
- YTD
- 15.45%
- 6M
- 17.19%
- 1Y
- 38.96%
- 3Y*
- 23.80%
- 5Y*
- —
- 10Y*
- —
DHLX
- 1D
- 0.95%
- 1M
- -2.00%
- YTD
- -0.78%
- 6M
- 1.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ITAN vs. DHLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ITAN Sparkline Intangible Value ETF | 15.45% | 7.02% |
DHLX Diamond Hill Large Cap Concentrated ETF | -0.78% | 1.24% |
Correlation
The correlation between ITAN and DHLX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.62 |
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Return for Risk
ITAN vs. DHLX — Risk / Return Rank
ITAN
DHLX
ITAN vs. DHLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sparkline Intangible Value ETF (ITAN) and Diamond Hill Large Cap Concentrated ETF (DHLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ITAN | DHLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.46 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.34 | — | — |
| Martin ratioReturn relative to average drawdown | 16.74 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ITAN | DHLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.06 | +0.60 |
Drawdowns
ITAN vs. DHLX - Drawdown Comparison
The maximum ITAN drawdown since its inception was -30.41%, which is greater than DHLX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for ITAN and DHLX.
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Drawdown Indicators
| ITAN | DHLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.41% | -8.40% | -22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -9.03% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.47% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -4.66% | +3.82% |
Average DrawdownAverage peak-to-trough decline | -7.61% | -2.40% | -5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | — | — |
Volatility
ITAN vs. DHLX - Volatility Comparison
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Volatility by Period
| ITAN | DHLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.35% | 11.45% | +2.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.05% | 11.45% | +7.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 11.45% | +7.60% |
ITAN vs. DHLX - Expense Ratio Comparison
ITAN has a 0.50% expense ratio, which is lower than DHLX's 0.55% expense ratio.
Dividends
ITAN vs. DHLX - Dividend Comparison
ITAN's dividend yield for the trailing twelve months is around 1.00%, more than DHLX's 0.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DHLX Diamond Hill Large Cap Concentrated ETF | 0.41% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
ITAN Sparkline Intangible Value ETF | 1.00% | 0.94% | 1.14% | 1.01% | 0.57% | 0.45% |
Frequently Asked Questions
ITAN and DHLX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ITAN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ITAN is cheaper with a 0.50% expense ratio, compared with 0.55% for DHLX.
ITAN has the higher dividend yield at 1.00%, compared with 0.41% for DHLX.
They also come from different issuers: Sparkline Capital and Diamond Hill. Their fees differ too: 0.50% for ITAN and 0.55% for DHLX.
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